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cloud gaming's future uncertain as sony and microsoft explore new strategies

Phil Spencer emphasizes the importance of local gaming, while Sony cautiously explores cloud gaming with the PlayStation Portal, offering it as an additional feature rather than a primary focus. Despite past failures like Stadia, the potential for success remains, especially with Sony's experience in the market. Meanwhile, the demand for portable gaming continues to grow, prompting speculation about new hardware from both Sony and Microsoft.
WIRED
United States Dollar Valve Microsoft Corporation Amazon.com, Inc. ASUS Sony Lenovo Google Inc. NVIDIA Corporation Nintendo Co., Ltd. Phil Spencer Joe Biden Donald Trump Show more
Technology & Innovation, News Article
20:45 25.11.2024

ECB's Makhlouf signals interest rate decline amid data-driven uncertainty

European Central Bank Governing Council member Gabriel Makhlouf indicated that interest rates are set to decline, though the pace of this decrease will be influenced by economic data. He emphasized that while the current policy remains restrictive, uncertainty in trade partners' economic policies necessitates an open-minded approach to the rate reduction trajectory.
Bloomberg.com
Euro European Central Bank IRL Gabriel Makhlouf
Finance & Economy, Market Report
20:45 25.11.2024

ubs rates arm holdings a buy as ai drives growth potential

UBS has initiated coverage of Arm Holdings PLC with a 'Buy' rating, citing strong growth potential driven by AI expansion. The firm set a $160 price target, indicating a 20% upside, as Arm's market share in PCs and data centers is expected to grow significantly, despite geopolitical risks and competition. Shares rose 1.9% to approximately $138.62.
Proactiveinvestors NA
United States Dollar Arm Holdings plc GBR
TradFi, Market Report
20:42 25.11.2024

itrile gloves market projected to grow by 3.54 billion by 2028

The global nitrile gloves market is projected to grow by USD 3.54 billion from 2024 to 2028, driven by heightened hygiene and safety concerns in healthcare. The demand for powder-free and biodegradable options is increasing, while challenges such as volatile raw material prices persist. Key players include 3M, Ansell, and Kimberly Clark, focusing on innovation to meet the needs of various industries.
@lelezard
United States Dollar Sanrea Healthcare Products Ltd. USA
Healthcare, Market Report
20:39 25.11.2024

teladoc health introduces ai solution to enhance patient safety in hospitals

Teladoc Health has launched the Virtual Sitter, an AI-powered solution designed to enhance patient safety by detecting when hospitalized patients are at risk of falling from their beds. This technology uses computer vision to monitor patient movements and alerts trained staff, allowing them to oversee more patients efficiently. The Virtual Sitter aims to address workforce challenges in hospitals while improving patient monitoring ratios and reducing staffing costs.
Fierce Healthcare
United States Dollar Teladoc Health, Inc. USA Andy Puterbaugh
Technology & Innovation, Press Release
20:30 25.11.2024

endowments and foundations drive growth in the ocio industry to 4.2 trillion

The OCIO industry is projected to grow to $4.2 trillion by 2028, driven primarily by endowments and foundations, which are expected to see 11.3% annual growth in assets managed by OCIO providers. Nonprofits are increasingly outsourcing investment management due to the complexity of alternative investments and the high costs of in-house CIOs. Additionally, consolidation within the industry and decreasing advisory fees are making outsourcing more appealing, fostering a "safety in numbers" mentality among nonprofits.
Institutional Investor
Mercer NEPC Vanguard Hightower Brad Alford Show more
Finance & Economy, Market Report
20:28 25.11.2024

e garcia joins ubs wealth management as financial advisor in miami

Jose Garcia has joined UBS Wealth Management in Miami as a Financial Advisor, enhancing the VPHN Wealth Partners team. Previously a Senior Investment Manager at Wells Fargo, he managed over $500 million in client assets and has extensive experience in wealth management. Garcia holds degrees from Florida International University and the University of Florida, and is actively involved in community organizations.
@sharewise
United States Dollar UBS USA CHE Melissa Garcia Adolis García Doris Neyra Melissa Van Putten-henderson Brad Rosenberg Show more
TradFi, Press Release
20:22 25.11.2024

GM Cadillac approved as new Formula 1 team starting in 2026

Formula 1 has approved GM-Cadillac as the 11th team for the 2026 season, marking a significant entry for an American car manufacturer into the sport. This decision follows a year of negotiations and tensions after Andretti Global's initial application was rejected. GM plans to build its own power unit by the end of the decade, with Mario Andretti joining the team’s board, expressing his excitement about returning to F1.
CNBC
General Motors Company Cadillac USA Dan Towriss Mark Walter Mario Andretti Mark Reuss Show more
Regulatory & Legal, News Article
20:21 25.11.2024

Tesla stock declines as UBS cites momentum over fundamentals driving rally

Tesla stock has declined about 1% after a significant rally, as UBS analyst Joseph Spak attributes the surge to "animal spirits" rather than fundamental changes at the company. Despite a price target increase to $226, concerns remain over potential policy impacts from the Trump administration, including the possible removal of federal EV tax credits, which could complicate demand dynamics. While a friendlier regulatory environment may benefit Tesla's robotaxi ambitions, technological challenges persist, hindering immediate deployment.
Yahoo Finance
United States Dollar Tesla, Inc. USA Joseph Spak Elon Musk Donald Trump Show more
TradFi, Market Report
20:15 25.11.2024

Nifty and Bank Nifty show strength amid potential consolidation phase

Market sentiment improved following a strong rally, with Nifty closing at 24,222 and Bank Nifty at 52,208. Experts suggest that as long as Nifty holds above 24,000, it may target 24,300-24,550 after a consolidation phase, while Bank Nifty faces resistance at 52,600, with 52,000 as immediate support.
Moneycontrol
Anand Rathi Wealth Limited IND Mehul Kothari
Finance & Economy, Market Report
20:10 25.11.2024
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